Over $1M In Revenue Producing Nail Salon
Not Disclosed, NC Not Disclosed
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- RE: Over $1M In Revenue Producing Nail Salon
- Contact: Sherrye Coggiola
Quick Facts
| Asking Price: | $650,000 | |
| Annual Revenue: | $1,018,832 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $207,320 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $60,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2013 | |
| Employees: | 8 | |
| BBN Listing #: | 988876 | |
| Broker Reference #: | 52661-126557 |
Business Overview:
A turnkey opportunity to own a thriving and profitable business? Look no further! This well-established nail salon has been a staple in the community for 12 years, boasting a stellar reputation ( even voted #1) last few years . With a consistent SDE of $400k inclusive of cash (to be proven by Seller), this business offers a fantastic return on investment.
Proven Profitability: Consistent SDE , demonstrating a strong and reliable income stream.
Established in the same location for 12 years, benefiting from a loyal customer base and high visibility.
Recognized year over year as the #1 nail salon in the area, attracting a steady stream of repeat customers.
High-Energy Atmosphere: A vibrant and inviting salon that fosters a positive and enjoyable experience for clients.
Growth Potential: The salon currently operates at full capacity, with ample opportunity to expand services and increase revenue by adding another station.
This is an ideal opportunity for:
Experienced salon owners looking to expand their portfolio.
First-time entrepreneurs with a passion for the beauty industry.
Investors seeking a profitable and established business with significant growth potential
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Property Features and Assets:
Monthly Rent: $2,310.00
Square Units (Foot, Meter): 1,100
Lease Expiration Date: December 31, 2025, 12:00:00 AM
Market Competition and Expansion:
Competition:
This nail salon has a database of thousands of satisfied repeat clients, voted #1 in area many years in a row, excellent reviews
Expansion:
Addition of work spaces and staff to meet current demand - appointments usually booked few weeks out. Additional opportunities for weddings and other group events, plus currently no ancillary services such as waxing, etc.
Reason for Selling:
Other InterestsAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more North Carolina businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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